Officers and agents

(1) The directors may, by a resolution of directors, appoint any person, including a person who is a director, to be an officer or agent of the company. (2) Subject to any limitations in the Memorandum or Articles, each officer or agent has such powers and authority of the directors, including the power and authority to affix the common seal of the company, as are set forth in the Articles or in the resolution of directors appointing the officer or agent, except that no officer or agent has any power or authority with respect to the matters requiring a resolution of directors under section 52 and this section. (3) The directors may remove an officer or agent appointed under sub-section (1) and may revoke or vary a power conferred on him under sub-section (2).